Newspaper group Trinity Mirror put the Racing Post and more than 100 regional titles up for sale today as it reported falling advertising revenues and declining circulation.

The board of Trinity Mirror, one of the UK's largest newspaper publisher, met today to discuss a review of its business which could lead to the sale of its national or regional newspaper titles.

The founders of the UK price comparison website simplyswitch.com were set for a windfall today after they agreed to sell the business to the owners of the Daily Mail for £22m (€32.7m).

The internet will overtake national newspapers this year to become the third biggest medium for advertising spending, according to a report today.

Daily Mail & General Trust posted rising profits today despite the bleak British newspaper advertising market.

Excitement over a potential takeover deal in the mining sector ensured London shares remained at their best level since the summer of 2001 today.

The FTSE 100 Index made tentative gains to leave the London market at a fresh four-and-a-half-year high today.

Media group Daily Mail & General Trust cancelled plans to sell UK regional newspaper group Northcliffe today.

British-based regional newspapers group Johnston Press today said advertising revenues were running 7% lower after demand for job ads slumped.

Only 13 blue-chip stocks made it into positive territory today as the FTSE 100 Index tumbled on the back of softening oil and copper prices.

The FTSE 100 Index was stuck firmly in the red today as stocks trading in commodities such as oil and copper found few friends in the market.

British media group Daily Mail & General Trust today said it was willing to sell one of the UK’s largest regional newspaper publishers if the price was right.

UK regional newspapers group Northcliffe said today it planned to close four printing presses as it geared up for a further programme of investment.